Swadhaar FinServe

Swadhaar's mission is to make available, responsible and efficient financial services to economically vulnerable and underserved urban households, enabling them to attain financial security and meet their aspirations.

Key Indicators as of December 2015
Active Borrowers: 243,842
Average Loan: $175
Amount Loaned: $45,276,000
Active Portfolio: $42,642,000


Swadhaar FinServe Private Limited is a Non Banking Financial Company (NBFC) that was set up in 2008 with the objective of providing the urban poor increased access to financial services. Today, Swadhaar is a leading provider of financial services to clients in several major states of India.

In 2014, Swadhaar made the strategic decision to become a “banking correspondent” (BC) for Ratnakar Bank Ltd. (RBL), transferring its loan portfolio to RBL and becoming a service company for the bank. Under the BC model, Swadhaar holds responsibility for sourcing clients, evaluating credit worthiness and monitoring repayments for RBL, leveraging the bank’s balance sheet and infrastructure. It currently offers a group loan product and is also now introducing a wider range of products to serve the Micro-, Small-, and Medium-Enterprise sector.

Accion is a strategic investor in Swadhaar, with a 36 percent stake in the company and two board seats. In addition, Accion provides capacity building support and technical assistance to the company.


Swadhaar FinServe Private Limited
Tenement 1/3 & 1/4, Old MHB Colony, 
Anand Nagar, Nehru Road
, Santacruz (East), 
Mumbai Majarashtra, India - 400 055

Tel:  +91 22 2626 1200 / 1234
Email:   info@swadhaar.com

Website: www.swadhaar.com